Solar startup Pawame receives US$2.5 million for expansion

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Kenyan Wall Street | by Jackson Okoth


Pawame, a Kenyan solar energy startup, has obtained US$1.7 million in grants and US$750,000 in equity to fund its growth and expansion.

Founded five years ago by Alexandre Allegue, Majd Chaaya and Nick Sparks, Pawame enables customers to purchase solar home systems via a pay-as-you-go (PAYG) subscription model and helps them access credit using their mobile phones…

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